TLT vs IBTE - I

    Posted by DigiNomad on 10th of Apr 2024 at 01:34 pm

    TLT vs IBTE - I engaged in some aggressive window dressing to close out March (who wants to show a bunch of cash available after a record quarter? No one).
    Whatever I didn't have allocated on the last day of the quarter I put in either TLT or IBTE. TLT stopped out that Monday (because everyone else probably did the same as me and then bailed) and I moved all of that allocation to IBTE. That has been a decent move. 

    Yellen thanks you and says

    Posted by steve on 10th of Apr 2024 at 01:38 pm

    Yellen thanks you and says plenty more on the way 

    haha. Totally. I just got

    Posted by DigiNomad on 10th of Apr 2024 at 02:10 pm

    haha. Totally.

    I just got a scanner notification saying "Biden promises Fed will cut rates despite high inflation read"  - it was verbal, not written, but something like that. Is that old news from when he whispered it on stage the other day or did he double down again? 

    NYCB crash mode - I

    Posted by DigiNomad on 10th of Apr 2024 at 02:15 pm

    NYCB crash mode - I can't imagine the highly politically connected owners of this don't get some attention from the Fed put people pretty soon.  Could be in the form of another funding program where they pull in junk assets from the bank and make them the taxpayers problem or QE to hide the truth from people who don't understand this stuff but know that lowering rates right now would be bad. 

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